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    Primaris buys, sells $724M of shopping centres in GTA, Edmonton

    Mission Group, one of the most active developers in Kelowna, B.C., is moving forward with a 32-storey residential tower downtown which will be the city’s first to include a mix of rental homes and condos. 

    The new project comes as the developer marks 20 years in business and charts its course for the coming years and decades. 

    Mission Group, also developer of the mixed-use complex Bernard Block and the Aqua Waterfront Village, recently received its development permit for the new hybrid residential tower at Lawrence and Water streets, said Jonathan Friesen, CEO with the company. 

    "We expect to be applying for a building permit somewhere between spring and summer of 2025," Friesen told RENX.

    "Once we have the building permit in hand, we can start construction."

    Friesen and his team took a broader strategy with this latest tower, opting to mix rental and condos with commercial at street level.